We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · M40 1WX
Listing removedListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presnted three-bedroom terrace on Leng Road in M40 | EPC tbd Situated on Leng Road, M40, this well-proportioned three-bedroom mid-terraced property offers spacious accommodation arranged over two floors, with two reception rooms, a kitchen, three bedrooms, a modernised bathroom and an enclosed rear yard.
Upon entering the property, you are welcomed into a long entrance hallway, providing access to the principal rooms.
The hallway also benefits from a useful storage cupboard, providing valuable additional household storage. To the front of the property is the first reception room, currently used as a dining room.
This is a versatile space that could equally be utilised as a second sitting room, home office, playroom or family room, depending on the needs of the new owner.
Moving further through the property, you enter the second reception room, which is currently arranged as the main living room.
This provides a comfortable and practical family living space and offers plenty of scope for a range of furniture arrangements.
To the rear of the property is the kitchen, providing access directly out to the rear yard.
The kitchen benefits from its position at the back of the home, making it convenient for everyday family living and providing a natural connection to the outside space.
The property also benefits from an additional small attached outbuilding, currently used for storage.
This provides useful extra space for storing gardening equipment, bicycles, tools and other household items without taking up valuable room within the main house.
The staircase leading to the first floor features solid true oak stairs, adding a distinctive and attractive feature to the property.
Upstairs, there are three well-proportioned bedrooms, offering flexible accommodation suitable for families, couples or those requiring additional space for working from home or hobbies.
The first floor is completed by a modernised family bathroom, providing a contemporary and practical bathroom suite.
To the rear, the property benefits from an enclosed outside yard, accessed directly from the kitchen.
The yard offers a useful private outdoor area for seating, entertaining, children or general household use, while the attached storage building provides additional practical space.
Anti-Money Laundering (aml) Checks - As part of making an offer, we're required by law to complete Anti-Money Laundering (aml) checks to confirm the identity of all purchasers.
To cover the cost of this process, a fee of £48 inc VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly and smoothly as possible.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 62, Leng Road, Greater Manchester
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